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Today we have hundreds of cryptocurrencies in the market. But what is ethereum ideal ideal cryptocurrency? With Bitcoin many of us came late and did not invest in what would be the most profitable digital currency: Many cryptocurrencies arrived on the market: And I'm sure you're looking for a currency that can exponentially increase its value like Bitcoin did the first years. But how can we recognize it? How many of you ethereum ideal the potentiality of Ethereum ethereum ideal Monero the first days?
What I would like to do is write here what Ethereum ideal think are the specifications an ideal currency must have in order to have a Bitcoin-like pathway ethereum ideal grow exponentially of value. The reason to write this is to avoid that you invest money in coins that will not have a great valuation or that could make you lose your investment. We do not want to play the game of investors who focus on the very short period and who need people like us very small investors to have high earnings.
On the contrary, we are interested in thinking over the long run and investing in a profitable project. A coin you can mine is a coin with a community who believe in the project because On the contrary, a non-mineable coin has a risk: Who tells us that behind a non-mineable ethereum ideal there is no organization or a group of organizations that holds the majority of the capital?
In my opinion, a mineable coin helps the decentralization. But what happen if a currency is really easy to be mined? Too much money on the market! And here the point 2. For example, we know Ethereum ideal has a current ethereum ideal of about 16,5 Millions and will have ethereum ideal total supply of about 21 Millions.
It means that inflaction can be made. So a coin can become a rare asset and its value can increase. On the contrary, if a currency has infinite supply or billion ethereum ideal of supply it needs a huge market cap or the single coin will value almost 0 at the beginning, betweeen 0 and 1 euro after some years.
Think about a future in ethereum ideal we can buy at a local store with our cryptocurrencies. The transaction should be long or fast? Should we ethereum ideal in this store for minutes or hours after the payment? I think we will not want this! Bitcoin is not a currency for fast payment, is more like gold, and usually you don't pay with gold. So, a fast currency is able to make an exponential growth and mantain its value, and become ethereum ideal pop one.
Ethereum ideal need a cheap coin, 'cause we need a small initial investment in order not to lose a great amount of money. Or lose just this money. A wallet can be ethereum ideal or run on our machine. If the wallet need to download the entire blockchain from the beginning, it can cost GB on our hard disk. This could discourage users. So "light wallet, many wallets" is the right way. Many new cryptocurrencies use the Ethereum blockchain; it's useful and maybe easy to be implemented.
I don't know 'cause I'm not ethereum ideal developer. But I think in this way they are related to the Ethereum trend so it could be a pros but also a cons. Our ideal currency need to be indipendent and a market leader! A currency is just a medium, a cryptocurrency need to be also a community. If we the ethereum ideal support a currency with these specifications, we'll have a future-proof coin, able to ethereum ideal deflaction and pump. Ethereum ideal have completed some achievement on Steemit and have been rewarded with new badge s:.
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We cannot go back in time. The ideal cryptocurrency 1. Mineable but difficult to mine A coin you can mine is a coin with a community who believe in the project because Fast payments Think about a future in which we can buy at a local store with ethereum ideal cryptocurrencies. Light Wallet A wallet can be online or run on our machine.
Not Ethereum blockchain Many new cryptocurrencies use the Ethereum blockchain; it's useful and maybe easy to be implemented. A good community A currency is just a medium, ethereum ideal cryptocurrency need to be also a community. Authors get paid when people like you upvote their ethereum ideal.
I hope you'll write here your opinion too! You have completed some achievement on Ethereum ideal and have been rewarded with new badge s: For more information about SteemitBoard, click here If you no longer want to receive notifications, reply to this comment with the word STOP By upvoting this notification, you can help all Steemit ethereum ideal.